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Regulatory press release

ZAL: A leading European multinational industrial company chooses Zalaris for Payroll and Time Management services

Zalaris
Zalaris, the provider of payroll and HR solutions that simplify work life and
support creating sustainable businesses, today announced the signing of a seven
-year agreement with a leading European multinational industrial company to
deliver Payroll and Time Management technology and outsourcing services for
employees operating in Finland.

The new agreement, which is one of Zalaris' ten largest agreements to date,
includes the delivery of global technology, payroll
 (https://zalaris.com/payroll/)and time outsourcing services based on Zalaris'
multi-country payroll solution. This is to be integrated with the customers'
Workday based global HR system.

Outsourcing of payroll to Zalaris is a part of the customers' broader change
program, including HR transformation and digitisation of processes on a global
level.

Global processes supporting standardisation, compliance, and cost reduction.

"Establishing and delivering effective digital processes for time and
attendance, travel expenses, payroll and HR is complicated. Zalaris'
transformational payroll and HR approach supports customers transforming
scattered local solutions into one common process designed in a timely and cost
-effective manner. Our concept of delivering services based on one common IT
solution, supported by local competent resources, works hand in hand with
multinationals implementing new global HR solutions such as SAP SuccessFactors,
Workday or Oracle.  We can offer one standardised solution and integration
concept in combination with local compliance for customers operating globally in
a cost-effective manner" says Zalaris CEO and founder Hans-Petter Mellerud.

Contact:
Hans-Petter Mellerud, CEO and founder
Mobile: +47 928 97 276
E-mail: hans-petter.mellerud@zalaris.com

Gunnar Manum, CFO
Mobile: +47 95 17 91 90
E-mail: gunnar.manum@zalaris.com

About Zalaris
Zalaris simplify HR and payroll administration and empower you with useful
information so that you can invest more in people. We are a leading service
provider of Human Capital Management (HCM) solutions across Europe, serving more
than 1.5 million employees monthly with an annual revenue of 78 million Euros
(2020). We hold #1 or #2 positions in most of our markets. Our consultants have
more than 21 years of experience in transforming HR with our clients. Simplify
work life. Achieve more. For more information about us, go to zalaris.com.